IEC code stands for Import Export Code. It is a ten digit license code required by companies or individuals to begin an import-export business in India. It is also necessary for availing benefits under schemes like MEIS and SEIS.
The DGFT (Director General of Foreign Trade), Department of Commerce, Government of India provides applicants with this code after a thorough analysis of their application.
While you are in business, customer satisfaction is of utmost importance! No business can flourish if you cannot satisfy the needs and preferences of your customers. There are lots of instances when customers may need to return a particular product back to the company due to several reasons. Well, this is where proper customer satisfaction strategy comes into play. You should always respect the decision of the customer and ensure that the item that he or she wishes to return is properly catered to. All these help you to create that trust and goodwill for the long run. In order to have a proper returns mechanism in place, it is important that you have a quick and developed shipping strategy.
